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Go to:Despite rapid innovations in accelerated parallel computing and machine learning, many banks have yet to make the leap from the big data era into the Extreme Data Economy, and the gap between the data-aware bank and the data-powered bank is widening. Closing this gap requires much more than continued investment in legacy big data band-aids. Banks need…
In 2012, Everlane CEO Michael Preysman told the New York Times, “We are going to shut the company down before we go to physical retail.” Everlane, often called “J. Crew for millennials,” was established in 2011 as an online, direct-to-consumer brand that sells clothing made in factories with ethical conditions. On December 2nd, 2017, five…
The leader of one of the world’s largest manufacturing economies, Angela Merkel, said at the recent World Economic Forum that “data will be the raw material of the 21st century.” It is clear that we are in a world where data has become the business. What do I mean by that? Historically, businesses were validated…
In the last few years, more and more data has become available from sensors, customer’s devices, and transactions—much of it with time and location information. Organizations are eager to analyze this goldmine of information and visualize the results on maps. However, if you’ve ever tried to leverage this data with a traditional database, you most…
Is your city “smart” or “dumb?” Most likely, your city still has potholes peppering the streets, parking lot meters that only accept coins, and “historic” buildings that are draftier than a Maine lighthouse. However, global trends–from population growth to urbanization to improving standards of living–are forcing city planners and municipalities to deploy smart IoT solutions…
In the press
